hydrogen

Canada

Quinbrook acquires stake in Elemental Clean Fuels

Global investment manager Quinbrook has announced it has acquired a strategic ownership stake in Canadian clean energy developer Elemental Clean Fuels (ECF), which advances scalable renewable fuels and decarbonisation projects across the country.
Courtesy of Quinbrook.
Courtesy of Quinbrook.

This is Quinbrook’s first investment in Canada, expanding its North American footprint and giving ECF the scale and certainty to advance multiple commercial projects simultaneously.

“Our investment in Elemental Clean Fuels is a natural entry point into Canada’s clean energy economy and reflects our belief in the country’s potential to drive the global shift to low-carbon fuels” said Giulia Siccardo, Managing Director and Regional Leader for North America at Quinbrook. “British Columbia, in particular, offers a rare combination of abundant renewable energy resources, access to Asian growth markets, Indigenous leadership, and regulatory support that makes it one of the most compelling regions globally for early green fuels deployment.”

Founded in 2023, Elemental Clean Fuels is focused on powering North America’s clean fuel economy through renewable fuels such as clean hydrogen, renewable natural gas (RNG), and other advanced fuels such as low carbon methanol – ensuring Canadian industries, transportation networks, and communities have access to reliable clean fuel.

With multiple projects currently underway across British Columbia and Alberta, serving both domestic and international industrial needs, there is a combined production potential of more than 500 tons per day of clean fuels – enough to replace the equivalent of approximately 145,000 cars or 1,400 heavy duty trucks using gasoline or diesel respectively. 

For additional information:

Quinbrook

Elemental Clean Fuels (ECF)

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